MEO 0.00% 0.0¢ meo australia limited

iam, page-9

  1. 5,657 Posts.
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    Nbaz.
    That's one hell of a question and some thing each investor needs to ask of him/her self. Everyone here have different circumstances that would alter the answer to that question.

    If you can not afford the down side, don't do it.
    You can easily buy back in if gas is found and still have plenty of up side. Only you can make risk management decisions for you circumstances.

    This is my 2 cents.

    My decision to stay through spud is based on the max down side. I'm comfortable with 15c and feel that it should climb back above on average price with the next farm in.(Which I have more Confidence in)

    This is your decision to make Nbas, and yours alone.

    Just my thoughts base on my perspective.







 
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